Common use of Voluntary cancellation of Facility Clause in Contracts

Voluntary cancellation of Facility. The Borrowers may at any time during the Drawdown Period by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than five Banking Days after the receipt by the Agent of such notice the whole or any part (being one million Dollars (USD 1,000,000) or any larger sum which is an integral multiple of one million Dollars (USD 1,000,000)) of the Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.

Voluntary cancellation of Facility. The Borrowers may at any time during the Drawdown Period by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than five Banking Days after the receipt by the Agent of such notice the whole or any part (being one million five hundred thousand Dollars (USD 1,000,000500,000) or any larger sum which is an integral multiple of one million five hundred thousand Dollars (USD 1,000,000500,000)) of the Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.

Voluntary cancellation of Facility. The Borrowers may at any time during the Drawdown Period by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than five ten Banking Days after the receipt by the Agent of such notice the whole or any part (being one million five hundred thousand Dollars (USD 1,000,000USD500,000)) or any larger sum which is an integral multiple of one million five hundred thousand Dollars (USD 1,000,000USD500,000)) of the Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.

Voluntary cancellation of Facility. The Borrowers may at any time during the Drawdown Period by notice to the Payment Agent (effective only on actual receipt) cancel with effect from a date not less than five Banking Days after the receipt by the Payment Agent of such notice the whole or any part (being one two million Dollars (USD 1,000,0002,000,000) or any larger sum which is an integral multiple of one two million Dollars (USD 1,000,0002,000,000)) of the Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.

Voluntary cancellation of Facility. The Borrowers Borrower may at any time during the Drawdown Period by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than five Banking Days after the receipt by the Agent of such notice the whole or any part (being one million Dollars (USD 1,000,000) or any larger sum which is an integral multiple of one million Dollars (USD 1,000,000)) of the Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.

Voluntary cancellation of Facility. The Borrowers Borrower may at any time during the Drawdown Period by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than five Banking Days after the receipt by the Agent of such notice the whole or any part (being one million five hundred thousand Dollars (USD 1,000,000500,000) or any larger sum which is an integral multiple of one million five hundred thousand Dollars (USD 1,000,000500,000)) of the Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.

Voluntary cancellation of Facility. The Borrowers may at any time during the Drawdown Period by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than five Banking Days after the receipt by the Agent of such notice the whole or any part (being one five million Dollars (USD 1,000,0005,000,000) or any larger sum which is an integral multiple of one five million Dollars (USD 1,000,000)5,000,000) of the Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.

Voluntary cancellation of Facility. The Borrowers may at any time during the Drawdown Period by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than five Banking Days after the receipt by the Agent of such notice the whole or any part (being one two million five hundred thousand Dollars (USD 1,000,0002,500,000) or any larger sum which is an integral multiple of one two million five hundred thousand Dollars (USD 1,000,0002,500,000)) of the Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.

Voluntary cancellation of Facility. The Borrowers may at any time during the Drawdown Period by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than five Banking Days after the receipt by the Agent of such notice the whole or any part (being one two million five hundred thousand Dollars (USD 1,000,0002,500,000) or any larger sum which is an integral multiple of one two million five hundred thousand Dollars (USD 1,000,0002,500,000)) of the 17 Total Commitment. Any such notice of cancellation, once given, shall be irrevocable and the Total Commitment shall be reduced accordingly and each Lender’s Commitment shall be reduced pro rata according to the proportion which its Commitment bears to the Total Commitment.